See on Scoop.it – Georgia Tech News Events
In Midtown Atlanta, I think we often forget what a great asset we have to have such a University as part of our community! I for one, need to spend some more time there!
See on www.11alive.com
In a former life, I was a busy executive that traveled. I also worked in the hotel industry for many years, and just like real estate, it was about location, location, location! While there are numerous hotels in the Midtown Atlanta area, if you are here for business with GATech, the the Georgia Tech Hotel and Conference Center IS the place to stay!
This new building is located on the corner of Spring and 5th Streets in Technology Square. The Midtown MARTA station is about 3 blocks from the hotel, making it easy to reach campus from Hartsfield Jackson Atlanta International Airport and not need a car!
Featuring 252 rooms, the hotel offers several room types and suites. Wireless high speed internet is available in the guest rooms and public areas of the hotel. Rooms also feature 37″ flat screen tv’s, iron, ironing board, hair dryers and in room coffee makers.
If you are a Georgia Tech parent coming for a campus visit, this certainly is the place to stay!
Georgia Tech Hotel and Conference Center at GATech University in Midtown Atlanta!
Well, I’m here to tell you (unless there is something I don’t know about…) unfortunately….NO!
Every day, I’m asked through various channels about the prices of real estate in Midtown Atlanta. “What’s the market like?” Are prices going up?” “I’m thinking I’ll wait another year to buy.”
Well, wait you may, but pay more you will. Can I Buy A Midtown Atlanta Condo for Under $100,000?
I just did a search on the MLS, and found 1, 2, 3. That’s it. THREE condos for sale under $100,000. Have the prices gone up?
Let’s have a look at a Midtown condo building, popular with parents of students attending Georgia Tech, just to see what has happened… Cornerstone Village.
2010 6 Homes Sold Under $100,000
2011 20 Homes Sold Under $100,000
2012 12 Homes Sold Under $100,000
2013 6 Homes Sold Under $100,000
So, what do YOU think is happening to the prices, especially in THIS Midtown building? They are moving on up!
If you were looking for that deal, you just may have missed it!!
I produce a good 80% of the content on this site. It’s a-l-o-t of work, let me tell you! But I enjoy it. Market reports, while a vital part of sharing the status of the Midtown Atlanta Market with you, take even more time! Due to the number of communities in Midtown (condominium buildings being a community) I’m going to do an overview of the Midtown market every other month, and then the other month will be a detailed review of the major buildings that I track.
Active ListingsTotal Listings : 110
Price ranges from $54,900 at Glendale Condominiums to $1,750,000 at Above The Four Seasons
The Average List price is $349,680
Total Listings: 10
Price ranges from $65,000 at the Massellton to $364,000 at Viewpoint
Total Listings: 40
Price ranges from $59,900 at 1280 West to $1,380,000 at 1010 Midtown
The Average List Price is $250.602
Total Listings: 22
Price ranges from $55,000 at Melrose Park to $499,900 for a Penthouse home at Metropolis Midtown
The Average List Price is $143,641. (NOTE: 18 of the 22 listings are under $200,000.)
Total Listings: 35
Prices range from $39,900 at Melrose Park to $570,000 at 1010 Midtown
The Original Average List Price was $202,120, but the Average List Price at closing was $196,230. As you can see, Seller’s did not have to discount much off of their List Price to sell their home!
Of the 35 Sales, only 4 were ABOVE $300,000, 9 were between $200-300,000 and 22 were below $200,000
I love creativity. I love “out-of-the-box” thinking. And quite frankly we need more of it in Midtown Atlanta. When we do finally get a great idea, it’s only because somebody else has done it. Shipping container construction is a perfect example. But alas, we are catching up to other cities like San Francisco!
Yumbii, who also helped launch the food truck industry in Atlanta (another one that has taken off in other cities LONG before it started in the ATL) will now be the pioneer in using a unique form of construction for a restaurant at 10th and Peachtree Streets…a shipping container.
As I mentioned, the trend is well underway in cities like San Francisco, New York and London. this picture shows an amazing use of three containers for the Aether’s high-end apparel store in San Francisco! I mean, how cool looking is that space!!!
Yumbii’s restaurant is proposed for the 10th and Peachtree corner where a new pocket park has just been developed on the mostly empty lot owned by Dewberry Capital. The plan is to expand their food truck menu and have breakfast, lunch and dinner. In an article in the Atlanta Business Chronicle, Yumbii owner Carson Young said the concept is a “natural fit” for the Atlanta BeltLine, since the restaurants can be placed on unusal pieces of land, that might not work for a bricks-and-mortar building, or not be accessible by food trucks.
Indeed, this type of construction could really add a cool, hip edge to the Atlanta Beltline, and also give anyone from restaurants to small retailers a much less expensive way to open small stores.
Come on Atlanta (meaning developers, zoning people and such) let’s catch up and BE the cool place we long to be…..I hope we see more and more of these unique containers appearing around Intown Atlanta and Midtown West!
(Photo Courtesy of Proxy SF)
See on Scoop.it – Georgia Tech News Events
Inspired by nature, scientists have developed an organic solar cell that could one day supplant artificial solar cells.
See on www.mnn.com
